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Siam City Cement Q4 falls by a quarter 23 February 2009 Siam City Cement recorded a 2008 sales drop of 7% year-on-year to Bt21,3 billion and a 2% decrease in earnings to Bt3,17 billion. However, fourth quarter results were soft, with sales plunging 21% resulting in a net loss. (CW Group) "Although the... Type: Article Category: Financial Lafarge Q4 profit sharply lower, announces rights issue 20 February 2009 reflecting the large presence in developed markets where volumes declined significantly. In the Gypsum division, sales dropped 2% to 357 million euros, and the company recorded current operating loss of 4 million euros compared to prior year's income,... Type: Article Category: Financial Kenya demand surges 36%, but outlook weak 18 February 2009 down this year as they factor in the effects of the slowing economy. The purchasing power of the middle class is expected to drop as donor countries scale down developmental loans awarded to poor nations due to the ongoing global financial crisis. "We... Type: Article Category: Volume & Pricing Akcansa earnings drop, but revenues jump 18 February 2009 Turkey's Akcansa Cimento told the Istanbul exchange that it posted 2008 net earnings of 96,4 million Turkish liras, down 22% from 123,5 million liras in the year before. (CW Group) Revenues totaled 798,2 million lira, up 16% on the year, while earnings... Type: Article Category: Financial Continental Cement to reduce headcount by 71 11 February 2009 allow it to more than double its capacity. Sales are expected to decline another 15% in 2009, followed by another 8% percent drop in 2010, the newspaper reported. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: People Colombia considering to drop import tariffs 10 February 2009 Colombia may drop its 10% cement import tariff after prices have gained about 20% already this year, Caracol Radio reported, citing Colombian Trade Minister Guillermo Plata. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to... Type: Article Category: Volume & Pricing Brazil cement sales fall 1,7% in January 09 February 2009 content you tried to access is only available to paid subscribers.","link":"1"}] The largest drop occurred in the Midwest Region, which saw a decline of 6%. In January 406.000 tons of cement were sold there versus 432.000 tons in January last year. The... Type: Article Category: Volume & Pricing India's ACC sees slowing demand, lower '08 profit 05 February 2009 India's top cement maker ACC on announced a 23% drop in net profit in 2008 on Thursday. The company said a weaker economy is lowering demand and high energy prices hurt demand. ACC also expects demand to slow during 2009. (CW Group) ACC said that it is... Type: Article Category: Financial Cemex sees fall in '09 volume, but will pay down debt 04 February 2009 kilns, close to 300 ready mix plants and almost 50 aggregate sites, according to Reuters. "We will likely see an 11 percent drop in global volumes for cement and ready mix in 2009," Hector Medina, executive vice president of planning and finance said.... Type: Article Category: Financial Mexico cement output falls 3,2% in 2008 01 February 2009 which represents all leading cement producers in the country. (CW Group) The decline in production mimics a comparable drop in demand for cement. "Due to the economic contraction that hit international markets starting in the second quarter of... Type: Article Category: Volume & Pricing Semen Gresik scales back power plant project 30 January 2009 largest cement producer, and its main rival Indocement Tunggal Prakarsa have both, according to Reuters, forecast a drop in cement demand this year because of tougher economic conditions and slower economic growth. Copyright CW Group. All rights... Type: Article Category: Plant Expansions Cemex posts first quarterly loss in at least a decade 29 January 2009 partially mitigated by better price resiliency in most of its markets, the company said in a statement. Cemex blamed the drop on lower sales and losses on financial instruments. Hector Medina, Executive Vice President of Planning and Finance, said: "The... Type: Article Category: Financial Romania's prices to remain unchanged until spring 28 January 2009 cement declined up to 50% at the wholesale-level, from a record high of 140 euros per ton in the summer. However, the sharp drop in prices was partially driven by distributors having to sell large stocks following a evaporating demand, Ziarul said.... Type: Article Category: Volume & Pricing Siam Cement says 2009 outlook bleak 28 January 2009 announced plans to delay plant expansions and overseas investments. At the time, it expected domestic cement consumption to drop 10% in 2009, Reuters concluded. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Financial Arab output falls short of capacity, will grow by 65% 27 January 2009 million tons," he said. "By 2010, there will be a big surplus but the demand which had increased during 2004-08 will see a drop as the construction industry will also slow down due to the present financial crisis," al-Rousan said. Asked by the Gulf... Type: Article Category: Markets & Competition Holcim Philippines may shut 3 more lines 25 January 2009 Officer Ian Thackwray told reporters at the sidelines of a company event last Friday, BusinessWorld reported. A double-digit drop in cement demand will trigger a production halt, Eduardo A. Sahagun, the firmÔÇÖs head of sales, marketing and distribution... Type: Article Category: Markets & Competition UltraTech's profits fall 14% 20 January 2009 India's UltraTech Cement announced a fourth quarter profit drop of 14,7% to Rs 238 crore, compared to Rs 279 crore in the previous year period. (CW Group) The company reported net sales of Rs 1.631 crore, vs. Rs 1.380 crore, up 18,2%, in 2007, the... Type: Article Category: Financial Cement demand plunges 24% in Spain 19 January 2009 public hearing, officials said that they were "taking for granted that the decline in cement consumption in 2009 will show a drop similar to that in 2008," Urba said. Any stimulus efforts, while positive, are expected to take "several months" to take... Type: Article Category: Volume & Pricing Yamama, Tabuk cement Q4 profits drop sharply 17 January 2009 (CW Group) Yamama Cement Company, Saudi Arabia's third largest cement producer, said net income in the fourth quarter dropped 33% to SR85,1 million ($22,69 million) from SR126,9 million in the corresponding period last year. "The reason for the decline... Type: Article Category: Financial Yamama, Tabuk cement Q4 profits drop sharply 17 January 2009 (CW Group) Yamama Cement Company, Saudi Arabia's third largest cement producer, said net income in the fourth quarter dropped 33% to SR85,1 million ($22,69 million) from SR126,9 million in the corresponding period last year. "The reason for the decline... Type: Article Category: Markets & trade 84 85 86 87 88 89 90 91 92 93 Results 1801 - 1820 of 1843 Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline